UTI Mutual Fund has launched the UTI FTIF Series XXVII-X (1118 Days), a close ended income scheme. The NFO opens for subscription on October 18, 2017 and closes on November 01, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiple of Rs 1.
The investment objective of the scheme is to generate returns by investing in portfolio of fixed income securities maturing on or before the date of maturity of the scheme.